The Chicago Cubs were late to the part on the bidding for free agent pitcher James Shields, but in a radio interview in San Diego today as he discussed his decision to sign with the Padres, the hurler said that it was still a two-horse race despite the Cubs’ tardiness.
“In all reality, it came down to the Cubs and the Padres – two great managers,” he said. “I think I made the right decision here. I’m really happy about it. I’m really happy to be a Padre.”
Shields, who signed a four-year deal earlier this week with an option for a fifth year, was one of the big three free agent pitchers available on the market when this offseason began, but as time wore on and Jon Lester and Max Scherzer were snapped up, Shields remained on the market much longer than anticipated. With that factor, and a dwindling number of teams interested in him, the Cubs ramped up their efforts late last week to land him, but ultimately their bid fell short.
One other interesting note from Dennis Lin’s recap of the Shields interview was the tidbit about how much the Cubs ended up offering the pitcher. According to Lin, the Cubs offered Shields a three-year deal worth a total of $60 million. While that money number is pretty high for a pitcher who is 33 years old and likely going to start declining in the near future, the fact is that the term was exactly in line with the Cubs’ front office philosophy: pay for future results, not past ones.
Despite the Cubs missing out on Shields, they still made it a competitive race, and they did their due diligence. You can’t ask for much more in a situation like this, and from our perspective, Theo Epstein and Jed Hoyer handled the situation well.